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Category: FINANCE

Posted on 05/01/2023

{Block Trade}BOC HONG KONG: 1.4m shares, or HK$38.18m

BOC HONG KONG: 1.4m shares, or HK$38.18m [ET Net News Agency, 5 January 2023] A pre-opening trade of 1.4 million shares of BOC HONG KONG (02388) was registered at 9:02a.m. The deal amounted to ...

Posted on 05/01/2023

Hong Kong stocks are off to their best start since 2018 on China recovery hopes

Property and technology stocks continued to lift the Hang Seng index, which rose more than 3% in Wednesday's session.

Posted on 05/01/2023

Hong Kong raises $5.8 bln in green bonds -term sheets

Hong Kong's government has raised $5.8 billion in dollar, euro and offshore yuan green bonds, according to term sheets reviewed by Reuters on Thursday, with investor demand stronger than expected.

Posted on 05/01/2023

How to address the most pressing talent concerns in Hong Kong’s banking industry

Banks in the SAR should strengthen their talent development immediately and leverage technologies to support employees to upskill and reskill, says Carrie Leung, CEO, The Hong Kong Institute of ...

Posted on 04/01/2023

HSBC Asset Management to add team focused on green energy infrastructure

Bank to add team from Green Transition Partners, asset manager focused on energy transition infrastructure in Asia Deal to help expand HSBC Asset Management's alternative investment offerings HSBC's ...

Posted on 04/01/2023

Hong Kong retail sales fall 4.2% in November, snapping two months of growth

Hong Kong's November retail sales fell 4.2% from a year earlier, snapping two straight months of growth with tightened financial conditions weighing on local demand, government data showed on ...

Posted on 04/01/2023

Hong Kong stocks rise 3%, leading gains in the Asia-Pacific as investors look ahead to Fed minutes

Hong Kong shares rise 3% as investors look ahead to the Fed's meeting minutes, watching for signs of more interest rate hikes.

Posted on 04/01/2023

Hong Kong stocks extend New Year rally as China pledges fiscal boost to virus-hit economy

Stocks chalk up further gains in the new year with traders encouraged by China’s pledge to shore up its virus-hit economy. Alibaba, Tencent and Chinese developers pace winners.

Posted on 04/01/2023

Hong Kong home prices: Citibank predicts U-shaped recovery, matches Morgan Stanley’s 5 per cent upside for 2023

Hong Kong's home prices will drop 5 per cent in the first quarter, before gaining 5 per cent towards the end of the year, Citi said in a report Property transactions in the city slumped to a 32-year ...

Posted on 03/01/2023

Hong Kong to raise up to $5 billion in green bonds -sources

A general view of skyline buildings during sunset in Hong Kong, China October 12, 2022. REUTERS/Tyrone Siu ...

Posted on 03/01/2023

Hong Kong banks will raise their lending rates further in 2023 as Fed seeks to tame runaway US inflation, analysts say

All 10 economists polled by the Post predicted the prime rate will rise in 2023 by up to 1 percentage point, potentially taking borrowing costs to their highest level since 2007.

Posted on 03/01/2023

Tender Sale of Evergrande’s Hong Kong Headquarters Fails Again -Sources

A tender for the sale of embattled China Evergrande Group's headquarters in Hong Kong has lapsed again, two sources with knowledge of the matter said on Tuesday, because the offer prices and terms ...

Posted on 03/01/2023

Lenders fail to sell Evergrande’s Hong Kong headquarters by tender – sources

The tender sale of embattled China Evergrande Group's Hong Kong headquarters has lapsed again, two sources with knowledge said, because the offer prices and terms did not meet requirements.

Posted on 03/01/2023

Hong Kong banks will raise their lending rates further in 2023 as Fed seeks to tame run-away US inflation, analysts say

All 10 economists polled by the Post predicted the prime rate will rise in 2023 by up to one percentage point If their forecasts are right, the prime rate could hit 6.875 per cent per annum, a level ...

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